A part of Baseball History that you hardly ever hear of (from Wikipedia)...

The Continental League of Professional Baseball Clubs (known as the Continental League or CL) was a proposed third major league for baseball in the United States and Canada, announced in 1959 and scheduled to begin play in the 1961 season. Unlike predecessor competitors such as the Players League and the Federal League, it sought membership within organized baseball's existing organization and acceptance within Major League Baseball. The league disbanded in August 1960 without playing a single game, but it helped to accelerate the expansion of Major League Baseball. No other serious attempt at a third major league has been proposed since.

Representing the team owners at the announcement were Bob Howsam (Denver), Craig F. Cullinan, Jr. (Houston), Wheelock Whitney Jr. (Minneapolis-St. Paul), Dwight F. Davis, Jr. (New York), and Jack Kent Cooke (Toronto). Owners in each city had agreed to pay $50,000 to the league and committed to a capital investment of $2.5 million, not including stadium costs. A minimum seating capacity of 35,000 was established by the league for the venues in which its teams would play.

At least three other teams were expected to be in place before play began in 1961, and the league said it had received applications from 10 cities. The three that were later selected were Atlanta, Buffalo (backed by Robert O. Swados), and Dallas/Ft. Worth. Former Dodgers president Branch Rickey was named league president. Appearing in that capacity as a guest on the live network broadcast of What's My Line on Sunday, September 13, 1959, he pronounced the new league as “Inevitable as tomorrow morning.”

Established leagues respond

The Major League Baseball commissioner's office was noncommittal on the issue. At that time, however, the American League and the National League enjoyed far more autonomy than they do today, answering more to their constituent owners (who were universally hostile to the new league) than to the Commissioner's Office. They reacted to the formation of the new league by announcing plans to expand by adding two teams in each of the existing leagues. Priority would be given, it was stated, to cities that did not have Major League Baseball. Accordingly, the NL placed one of its expansion teams in Houston (the then Houston Colt 45's), a Continental League city without an existing Major League Baseball team.

Though the AL placed one of its expansion teams (the Washington Senators) in a previously existing Major League Baseball city (Washington, D.C.), this was done to replace the original Senators team, which had relocated to Minneapolis-St. Paul and became the Minnesota Twins. Like Houston, the Twin Cities of Minneapolis/St. Paul were a Continental League city without an existing Major League Baseball team.

The NL then placed another expansion team in New York, offering its tenth franchise to the owners of the Continental League New York team, who immediately accepted, effectively killing any attempt to revive the proposed league. This franchise would become the New York Mets. The AL then followed by placing a second expansion team in Los Angeles, the Angels, giving the American League its first presence on the West Coast.

The league disbands

With Shea's mission to bring a second Major League Baseball team to New York successful, he stopped championing the Continental League's formation. The promise of expansion achieved the owners' desired effect; on August 2, 1960, the Continental League formally disbanded. At the time it was reported that four Continental League cities would get major league teams—two in the American League, New York, and one other in the National League, possibly as early as the 1961 season. As it turned out, only three of those cities gained Major League Baseball franchises in the immediate aftermath of the Continental League's demise (Houston, Minneapolis-St. Paul and New York). Four more would eventually receive relocated or expansion Major League Baseball franchises as well: Atlanta in 1966, Dallas/Ft. Worth in 1972, Toronto in 1977, and Denver in 1993. Only Buffalo has not, as of yet, received a Major League Baseball franchise. Buffalo last hosted Major League Baseball in 1915 with the Federal League's Buffalo Blues. Currently the highest level of professional baseball in the greater Buffalo region is the Buffalo Bisons, which have been a successful and much-admired AAA International League franchise.

Legacy

The legacy of the Continental League is that it hastened the expansion and growth of Major League Baseball. Of the eight proposed Continental League markets, all but Buffalo are now home to a Major League franchise. Although William Shea's efforts to create a third major league are not well known today, Shea Stadium, home of the New York Mets from 1964–2008, was named in his honor for his efforts in bringing National League baseball back to New York.